Gamuda JV secures RM3.3bil MRT project in Taiwan


The group secured the Kaohsiung Metropolitan Mass Rapid Transit (MRT) Xiaogang–Linyuan Line civil works and electromechanical facilities project, valued at RM3.3bil

KUALA LUMPUR: Gamuda Bhd's joint venture (JV) with Taiwan-based Shang Ting Construction Co Ltd has been awarded the RM3.3bil (RM26.39bil) Kaohsiung Metropolitan Mass Rapid Transit (MRT) Xiaogang–Linyuan Line civil works and electromechanical facilities project, increasing its participation in the city's ongoing rail transformation.

The unincorporated JV is 70% owned by Gamuda, giving the group a contract value share of RM2.31bil.

Its JV partner, Shang Ting, which holds the remaining 30% stake, specialises in general construction and public infrastructure.

In a statement, the group said the job scope of the project includes three underground stations, one elevated station, 3.88km of underground twin-bound railway track and six units of cross passages.

The project is expected to be completed in seven years and four months.

Previously, Gamuda successfully delivered the MRT Orange Line Package C04, and it is currently undertaking the Kaohsiung MRT Yellow Line Package YC01.

The new award also represents the 10th project the group has secured in Taiwan, the last being the Kaohsiung Port Intercontinental LNG Terminal - Wharf and Connecting Roads (Bridges), which the group said highlights a period of rapid momentum and a deepening footprint within the Taiwanese market.

"Since entering the Taiwanese market in 2002, Gamuda has evolved into a trusted partner for the nation’s infrastructure development. This tenth win reinforces the Group’s expertise in managing complex, multi-disciplinary infrastructure, ranging from railway systems to large-scale marine works," it said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Gamuda , Taiwan , Kaohsiung , MRT , Shang Thing , construction , transport , rail

Next In Business News

Oil prices jump on renewed US-Iran hostilities
Traders take profit pending Iran decision on US peace deal
Ringgit opens higher against major currencies, eases vs greenback
Trading ideas: AirAsia X, NICE, Reneuco, Sime Darby, CIMB, RHB, SD Guthrie, Lotte, Pavilion REIT, Maybulk, Pentamaster, UOA REIT, I-Bhd, Dufu
Singapore bank OCBC's Q1 profit rises 5%, beats estimates
FIMM�reprimands unit trust consultant over breaches
SD Guthrie posts lower quarterly earnings
Mak Joon Nien becomes CIMB Singapore CEO
Industrial segment to drive Sime Darby bottom line
Stricter EV import rules reshape market

Others Also Read